Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Up 167.8% in December

Deutsche Telekom AG (OTCMKTS:DTEGY) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 163,100 shares, a growth of 167.8% from the December 15th total of 60,900 shares. Based on an average daily trading volume, of 324,800 shares, the short-interest ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

Several research firms recently commented on DTEGY. Barclays raised shares of Deutsche Telekom to a “strong-buy” rating in a research note on Monday, November 18th. UBS Group upgraded shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Citigroup upgraded shares of Deutsche Telekom to a “strong-buy” rating in a report on Thursday, October 17th. Finally, Berenberg Bank upgraded shares of Deutsche Telekom to a “strong-buy” rating in a report on Thursday, September 19th.

Deutsche Telekom Stock Down 0.9 %

Shares of Deutsche Telekom stock opened at $30.80 on Thursday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.15 and a quick ratio of 1.08. Deutsche Telekom has a 1 year low of $22.03 and a 1 year high of $32.47. The firm’s 50-day moving average is $30.69 and its two-hundred day moving average is $29.05. The stock has a market cap of $153.58 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 1.32 and a beta of 0.73.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.